Farmers National Bankbenefits
Farmers National Bank Welfare Plan · DANVILLE, KY · plan year 2024
Farmers National Bank's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $111,141. Insurance brokers and agents were paid $17,726 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.9% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay rose 168% from $6,615 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610189296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.